Vanke's 2025 performance forecast shows a net loss of 82 billion yuan for the whole year. This is not only the largest loss in Vanke's history, but also a new record of losses for A-share real estate companies, and the amount of losses has far exceeded its total market value of 58.2 billion yuan. This is equivalent to erasing the entire book value of shareholders at the accounting level, and even forming 'negative assets'.
Overview of Organic Silicon Market on February 2nd:
The domestic DMC market prices remained stable today, with the average price in the Chinese market locked at 13850 yuan/ton, unchanged from the previous working day. At the beginning of the week, the market was in a stalemate game state, with both buyers and sellers showing a strong wait-and-see attitude; Due to the lack of confidence in the post holiday trend downstream, the willingness to replenish inventory before the holiday is conservative, and most companies still focus on digesting existing inventory, resulting in low market inquiry activity and overall sluggish transactions.
On the cost side, the operating rate of metal silicon in the southwest remains low, significantly reducing its impact on the market. Although there are sporadic production cuts in the main production areas of the northwest, the overall supply is still abundant, and price support is limited. In terms of supply, there has been a divergence in pre-sale orders from individual factories, and there has been an increase in maintenance plans for February; In terms of mentality, individual factories still have a strong willingness to raise prices before the holiday, while downstream confidence in the future market is insufficient, resulting in a tug of war between the two sides. Looking ahead to the future, it is expected that the short-term market price will mainly focus on maintaining stability.
Recently, Chuangyi Hesheng (Ningbo) Silicon Industry Co., Ltd. was established with a registered capital of 1.2 billion yuan, and its business scope includes geological exploration of metal and non-metal mineral resources; Mineral resource exploration; Coal mining; Mining of non coal mining mountain mineral resources, etc.
Equity penetration shows that the company is jointly owned by Hesheng Silicon Industry (603260) and Central Enterprise Rural Industry Investment Fund Co., Ltd.